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  1. provided that such placement is not contrary to the aims of this Convention. 2. (1) "States Parties" means States which have consented to be bound by this Convention and for which this Convention is in force. (2) This Convention applies mutatis mutandis to the entities referred to in article 305,

  2. The 1992 Civil Liability Convention (1992 CLC) governs the liability of shipowners for oil pollution damage. Under this Convention, the registered shipowner has strict liability for pollution damage caused by the escape or discharge of persistent oil from his ship. This means that he is liable even in the absence of fault on his part.

  3. 14. Juni 1992 · Group photo of world leaders meeting at the 'Earth Summit' in Rio de Janeiro, Brazil, 13 June 1992. UN Photo/Michos Tzovaras United Nations Conference on Environment and Development, Rio de ...

  4. Fund 92. The 1992 Fund Convention, which is supplementary to the 1992 CLC, establishes a regime for compensating victims when compensation under the 1992 CLC is not available or is inadequate. The International Oil Pollution Compensation Fund, 1992 (1992 Fund) was set up under the 1992 Fund Convention. More information here.

  5. Money contribution required per ton of oil is USD 0.08 (40 / 500). Each receiver will need to contribute 0.08 USD for each ton of oil received. So I for one need to contribute USD 16000 (200,000 x 0.08) towards the fund. 4. Applicability of the fund convention. Fund convention is not a stand alone convention.

  6. 12. Sept. 2016 · Let us see how CLC convention is helping to solve the problem of paying for the damages and at the same time not burdening the ship owners. CLC convention. CLC convention first came into existence in 1969 and was called CLC 69. This convention was later amended in 1992. CLC 92 was amended in the year 2000 to increase the amount of compensation ...

  7. International Convention on Civil Liability for Oil Pollution Damage, 1992 (CLC 1992) 1 Introduction. The CLC 1969, from which the CLC 1992 originates, was a direct consequence of the pollution of the shores of the United Kingdom and France resulting from the grounding on 18 March 1967 of the Torrey Canyon on Pollard Rock, off the English coast between the Isles of Scilly to the west and Lands ...